| Metric | Q3 2018 | Q2 2018 | Q3 2017 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $32M | $30M | $24M | 5.9% | 35.5% |
| Op. Income | $6M | $5M | $3M | 17.7% | 95.1% |
| Gross Margin | 50.2% | 48.9% | 49.3% | 1.2pp | 0.8pp |
| Net Margin | 15.8% | 14.2% | 49.0% | 1.6pp | -33.3pp |
| EPS (Diluted) | $0.14 | $0.12 | $0.32 | 16.7% | -56.3% |
| Free Cash Flow | $0 | -$2M | $0 | 100.0% | — |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $16M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $6M |
| Interest Income | $55.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $55.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $516.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $471.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $32M |
| Cost of Revenue | $16M |
| GROSS PROFIT | $16M |
| R&D Expenses | $4M |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $7M |
| Other Expenses | $0 |
| Operating Expenses | $11M |
| Cost & Expenses | $27M |
| OPERATING INCOME | $6M |
| Interest Income | $55.0K |
| Interest Expense | $0 |
| Other Income/Expenses | $55.0K |
| INCOME BEFORE TAX | $6M |
| Income Tax Expense | $516.0K |
| Net Income from Continuing Ops | $5M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $5M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $5M |
| D&A | $471.0K |
| EBIT | $6M |
| EBITDA | $6M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $5M |
| Depreciation & Amortization | $0 |
| Stock-Based Compensation | $634.0K |
| Deferred Income Tax | $0 |
| Other Non-Cash Items | -$6M |
| Change in Working Capital | $0 |
| OPERATING CASH FLOW | $0 |
| Capital Expenditure | $0 |
| Acquisitions (Net) | $0 |
| Purchases of Investments | $0 |
| Sales/Maturities of Investments | $0 |
| Other Investing Activities | $0 |
| NET CASH FROM INVESTING | $0 |
| Net Debt Issuance | $0 |
| Common Stock Repurchased | $0 |
| Common Dividends Paid | $0 |
| Other Financing Activities | $0 |
| NET CASH FROM FINANCING | $0 |
| FREE CASH FLOW | $0 |
| Net Change in Cash | -$41M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $48M |
| Short-Term Investments | $0 |
| Net Receivables | $31M |
| Inventory | $26M |
| Other Current Assets | $4M |
| TOTAL CURRENT ASSETS | $108M |
| PP&E (Net) | $16M |
| Goodwill | $0 |
| Intangible Assets | $508.0K |
| Long-Term Investments | $0 |
| Tax Assets | $3M |
| Other Non-Current Assets | $2M |
| TOTAL NON-CURRENT ASSETS | $21M |
| TOTAL ASSETS | $130M |
| Account Payables | $14M |
| Short-Term Debt | $0 |
| Deferred Revenue | $0 |
| Other Current Liabilities | $20M |
| TOTAL CURRENT LIABILITIES | $34M |
| Long-Term Debt | $0 |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $0 |
| Other Non-Current Liabilities | $873.0K |
| TOTAL NON-CURRENT LIABILITIES | $873.0K |
| TOTAL LIABILITIES | $35M |
| Common Stock | $151.0K |
| Additional Paid-In Capital | $81M |
| Retained Earnings | $16M |
| Treasury Stock | -$2M |
| Accum. Other Comp. Income | $0 |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $95M |
| Minority Interest | $0 |
| TOTAL EQUITY | $95M |
| TOTAL LIABILITIES & EQUITY | $130M |
| Total Debt | $0 |
| Net Debt | -$48M |
